McEwen David S. - 16 Sep 2025 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Reporting relationship: Chairman and CEO, Director, 10%+ Owner
Issuer ticker: KTEL
Reported as of: 16 Sep 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 16 Sep 2025, 16:25:38 UTC
Prior SEC filing: 19 Sep 2024
Source filing: View source filing
Reporting owner signature: /s/ Sean McEwen

Key filing fact

McEwen David S. filed Form 4 for KonaTel, Inc. (KTEL) on 16 Sep 2025.

Key facts

This page summarizes McEwen David S.'s Form 4 filing for KonaTel, Inc. (KTEL).
3 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 16 Sep 2025, 16:25.

Change

Previous filing in this sequence was filed on 19 Sep 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001563442 Primary reporting owner

McEwen David S

Relationship: Chairman and CEO, Director, 10%+ Owner
Address: 500 N. CENTRAL EXPRESSWAY, SUITE 202, PLANO
Signature: /s/ Sean McEwen
Signature date: 16 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KTEL transaction

Common Stock

Options Exercise

Transaction value: $82,500
Shares: +375,000
Change %: +2.3%
Price: $0.2200
Shares after: 16,934,262
Date: 16 Sep 2025
Ownership: Direct
Footnotes: F2, F3

KTEL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 16,559,262
Date: 16 Sep 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KTEL transaction Derivative

Option

Options Exercise

Transaction value: $41,250
Shares: -187,500
Change %: -50%
Price: $0.2200
Shares after: 187,500
Date: 16 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 187,500
Exercise price: $0.2200
Footnotes: F2, F3

KTEL transaction Derivative

Option

Options Exercise

Transaction value: $41,250
Shares: -187,500
Change %: -100%
Price: $0.2200
Shares after: 0
Date: 16 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 187,500
Exercise price: $0.2200
Footnotes: F2, F3

KTEL holding Derivative

Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 187,500
Date: 16 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 187,500
Exercise price: $0.2200
Footnotes: F1

KTEL holding Derivative

Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 375,000
Date: 16 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 187,500
Exercise price: $0.2200
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Mr. McEwen received these non-compensatory stock options on December 18, 2017, as part of an exchange of his shares in KonaTel, Inc., a Nevada corporation ("KonaTel Nevada"), for shares of Common Stock and these non-compensatory stock options under a merger whereby the Company acquired KonaTel Nevada from Mr. McEwen, its sole shareholder. Mr. Mark Savage, as the then sole member of the Board of Directors of the Company, adopted Board resolutions of the Company on November 15, 2017, resolving that all securities issued under the KonaTel merger would be exempt from the provisions of Rule 16b-3(d)(1) adopted pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended.

Footnote F2

Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On September 16, 2025, Mr. McEwen exercised his seventh and eighth tranches of 187,500 stock options for a total of 375,000 shares of Common Stock.

Footnote F3

$82,500 exercise price, has been paid to the Company, effective September 16, 2025, by credit against deferred compensation owed to Mr. McEwen by the Company for prior services rendered, which was approved by unanimous consent of the Company's Board of Directors on January 11, 2022.